Gracie WarhurstA 13,000-acre mixed-use development is in the works just outside of Laredo, Texas. The project, called Talise, will have housing, retail and industrial space, as well as a regional airport. It will cost $7.4 billion, and its development will span over the next 30 years.
The development will feature nearly 11,000 homes along with schools and parks. A variety of options will be available, including single-family and multi-family rental units, and lots for private development.
Laredo had the busiest U.S. port last year, according to the U.S. Census Bureau. The industrial segment of Talise will continue to support international trade in the city through projects like the Township Logistics Park.
The 268-acre park is planned to have up to 3.8 million square feet of warehouse space, including 600,000 square feet of cold storage. This is especially ideal for the border city to facilitate food trade with Mexico, the United States’ largest agriculture partner.
Although the timeline for the project spans decades, Talise has already broken ground. Homes could be available for the public as early as next spring, and industrial projects are planned to have a Phase 1 buildout completed by the third quarter of 2025. A lead developer has already been selected, but it will also utilize subcontractors throughout construction.
Photo by Ivan Henao on Unsplash
